Marin Corporation issued a 5-year, $61,000, zero-interest-bearing note to Brown Company on January 1, 2020, and received cash of $34,613. The implicit interest rate is 12%. Prepare Marins journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)